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12-Dec-2018

Baker Hughes to build new oilfield services facility in SPARK

Baker Hughes, a GE company, is planning to build a new oilfield services (OFS) facility in King Salman Energy Park (SPARK), the company said in a statement on Tuesday. Work has already begun on the first phase of the facility, expected to open by end-2019. The facility will reach full capacity by 2021-22, the statement added. The new facility will support ongoing customer activities for three OFS product lines, including drilling services, wireline services and pressure pumping. The SPARK facility will also support projects and future growth with Saudi Aramco and will further contribute to the In-Kingdom Total Value Add (IKTVA) programme through partnerships with local suppliers and other businesses. 

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